T-Mobile US, Inc. $TMUS Shares Bought by Mirabella Financial Services LLP

Mirabella Financial Services LLP raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 55.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 54,173 shares of the Wireless communications provider’s stock after acquiring an additional 19,435 shares during the period. T-Mobile US comprises about 1.3% of Mirabella Financial Services LLP’s investment portfolio, making the stock its 16th biggest position. Mirabella Financial Services LLP’s holdings in T-Mobile US were worth $12,914,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TMUS. Activest Wealth Management grew its holdings in T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 94 shares during the period. Stone House Investment Management LLC acquired a new position in T-Mobile US in the 1st quarter worth about $29,000. Missouri Trust & Investment Co increased its position in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares in the last quarter. Aspect Partners LLC grew its stake in T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 65 shares during the period. Finally, Kilter Group LLC acquired a new stake in T-Mobile US in the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $240.08, for a total value of $16,767,187.20. Following the completion of the transaction, the director directly owned 635,014,604 shares of the company’s stock, valued at $152,454,306,128.32. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last quarter, insiders sold 1,439,821 shares of company stock worth $334,026,480. 0.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Morgan Stanley reduced their price objective on shares of T-Mobile US from $285.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday. Cowen reissued a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Deutsche Bank Aktiengesellschaft lifted their price target on T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Finally, Zacks Research upgraded T-Mobile US from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $266.83.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $208.01 on Friday. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week high of $276.49. The stock’s fifty day moving average is $217.89 and its two-hundred day moving average is $232.46. The company has a market capitalization of $232.66 billion, a P/E ratio of 20.00, a P/E/G ratio of 1.34 and a beta of 0.44. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The business had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same period in the prior year, the business posted $2.61 EPS. The company’s revenue was up 8.9% compared to the same quarter last year. Equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s payout ratio is presently 39.23%.

T-Mobile US Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.